Twin listings of Traeger and Weber give investors a choice between hip and fast-growing versus large and well-known. The more established Weber looks more valuable unless Traeger can secure a crispy luxury premium, alpgomez argues.
Weber reported revenue of $963 million for the six months to March 31 and net income of $73.8 million in the same period, according to a filing published on July 12.
TGPX Holdings I, which owns Traeger, reported revenue of $236 million and net income of $38.9 million for the three months ended March 31, based on a filing published on July 6. The company will change its name to Traeger once it is public.A Weber grill stands on a porch in Gloucester, Massachusetts, U.S., July 13, 2021.
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